据 cryptodiffer 数据显示，2025 年按产生的总手续费排名的 DeFi 协议中，Meteora 以 12.5 亿美元居第一，Jupiter 与 Uniswap 分别以 11.1 亿美元和 10.6 亿美元位居第二、第三。

<div>据 cryptodiffer 数据显示，2025 年按产生的总手续费排名的 DeFi 协议中，Meteora 以 12.5 亿美元居第一，Jupiter 与 Uniswap 分别以 11.1 亿美元和 10.6 亿美元位居第二、第三。<br><br></div>

数据：2025 年 Meteora、Jupiter 与 Uniswap 总手续费收入均超 10 亿美元

According to data from cryptodiffer, in 2025, Meteora ranked first among DeFi protocols by total transaction fees generated, with $1.25 billion, followed by Jupiter and Uniswap with $1.11 billion and $1.06 billion respectively.

<div>According to data from cryptodiffer, in 2025, Meteora ranked first among DeFi protocols by total transaction fees generated, with $1.25 billion, followed by Jupiter and Uniswap with $1.11 billion and $1.06 billion respectively.<br><br></div>

Data: In 2025, Meteora, Jupiter, and Uniswap all generated over $1 billion in total transaction fee revenue.

Author: Yuanshan Insights
Data Source: Farside Investors, SoSoValue, Fed H.4.1 Report, CryptoQuant

On the first trading day of 2026, BTC ETF saw a net inflow of $471 million.

What does this figure mean?

In November and December, the combined net outflow of spot BTC ETFs was approximately $4.57 billion; with a net outflow of approximately $1.09 billion in December alone.

Many people frantically sold at a loss above 93K, and institutions bought back about one-tenth of that amount on January 2nd alone.

Also happening...

Smart money influx! Decoding the three driving forces behind the BTC rebound.

After a long period of weakness, the meme coin has finally seen an encouraging rebound.
Since mid-September last year, the total market capitalization of Meme Coin gradually declined from approximately $80 billion to a low of only $35 billion, with virtually no significant rebound along the way. However, in the first week of 2026, the total market capitalization of Meme Coin finally rebounded, returning to nearly $50 billion.
During the same period, the market capitalization of Meme coin as a percentage of the overall Altcoin reached its lowest point since July 2022, almost reaching its lowest level since then...

Besides $114,514, what other projects should I keep an eye on?

Source: A16z

Original Title: Privacy Trends for 2026
Compiled and Organized by: BitpushNews

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1. Privacy will become the most important moat in the crypto space this year

Privacy is a key feature for the global financial migration to on-chain. However, almost all existing blockchains lack this feature...